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please provide detailed steps ( no excel) thank you 8. A bank compiles the following frequency chart of 150 daily losses due to trading activities

please provide detailed steps ( no excel)
thank you
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8. A bank compiles the following frequency chart of 150 daily losses due to trading activities What is the minimum amount of money market securities that the bank should hold to be protected from 75% of the Value at Risk fluctuations on their daily trading activity? A) It's a secret, if I told you I'd have to kidnap you afterwards B) $0 C) $1M D) $5M E) More than $15M

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